Clinton/Gore actions to Enhance America's Energy Security


THE WHITE HOUSE
Office of the Press Secretary


For Immediate Release March 18, 2000



DETAILS OF THE CLINTON/GORE
ACTIONS TO ENHANCE AMERICA'S ENERGY SECURITY

Energy-Efficiency Enhances Energy Security And Strengthens The Economy: The strong performance of our economy over the past year, despite oil price rises, underscores the dramatic improvements in energy efficiency and reliability over the past quarter century. While past oil shortages have taken a significant toll on the U.S. economy, the recent increases in oil prices have yet to have a major impact on the U.S. economy. Increased energy efficiency – in cars, homes, and manufacturing – has helped insulate the economy from these short-term market fluctuations. In 1974, we consumed 15 barrels of oil for every $10,000 of gross domestic product. Today we consume only 8 barrels of oil for the same amount of economic output. But we can do even better.

President Clinton And Vice-President Gore Today Announced Important Steps To Promote Energy Security & Efficiency In America. These Steps Include: